Zwipe and CardMatix partner on mass-production of Zwipe Pay ONE
OSLO, NORWAY – 14 September 2020 – Biometric fintech company Zwipe and Cardmatix Ltd., a leading supplier of card manufacturing equipment, are partnering to collaborate on the design, development and commercialization of equipment and modular solutions to support milling and embedding of fingerprint sensors for biometric payment card manufacturing at mass volumes.
Headquartered in Dongguan, China, Cardmatix is a leading player in the development of industrial manufacturing and testing equipment specifically for mass production of payment cards.
“We have cooperated closely with Zwipe through our sister company Silone Cardtech, and we are convinced the biometric payment card market is poised for mass-volume take-off. Our industrial solutions will make smart card manufacturers’ job of producing millions of biometric payment cards much more cost-efficient thanks to the unique insights shared by Zwipe’s technical team,” said Cardmatix CEO, Mr. John Wu.
Zwipe has a long-standing collaboration with Silone Cardtech. The Chinese market is expected to see strong payment card growth with many established stakeholders fast-tracking their capacity to support demand.
“This is an important step in preparing our supply chain and global capacity to meet future demand. Cardmatix is one of the world’s most well-established high-volume card manufacturing equipment providers and we are excited to broaden our ability to serve our customers with their strong support.” said André Løvestam, CEO of Zwipe.
About CardMatix Ltd.
Cardmatix was established in 2002 to focus on the manufacturing of equipment for the production and testing of contact, contactless, and dual-interface smart cards for the world market. With 20 years’ experience in design, manufacturing, and marketing on smart card production related machineries, Cardmatix has been one of the leading solution providers worldwide in the card industry with durable, high speed machines engineered for easy maintenance and years of reliable service.
For more information contact: John Wu, CEO +86 0769 86855889
Zwipe is a technology solution provider that enables battery-less, ultra-low-power, self-contained biometric authentication solutions. Together with an ecosystem of partners including global brands within security, financial services and ID applications, Zwipe is “Making Convenience Safe and Secure™” for banks, merchants and consumers. Using advanced fingerprint recognition while protecting personal information, Zwipe’s solutions address the data theft pitfalls inherent in traditional authentication methods. Headquartered in Oslo, Norway, Zwipe has spent the last 10 years developing its unique power harvesting technology platform in combination with security solutions based on international infrastructure standards. To learn more, visit www.zwipe.com
For more information contact: André Løvestam, CEO, +47 991 66 135 firstname.lastname@example.org